Interested in purchasing investment houses in the 48104 zip code in Ann Arbor, MI?
The zip code 48104 is in Washtenaw county with a latitude of -83.717030000000 and longitude of 42.264250000000, is in the state of Michigan. The average asking price of houses and condos is $413,412.00 and the average sale price was $312,566.00. this regions is classified as the Detroit metro area and is in the 734 area code. The location in degrees is 42° 15' 51.3" N, 83° 43' 1.308" W. The county F.I.P.S. is 26161. The total land area is 7.8 square miles and the water area is 0.2 square miles. The elevation in this area is 814 - 837 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 48104 is in county number 161 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 43,842 in 2019 and 38,315 in 2010. This further breaks down to 22,110 males (50.4%) and 21,730 females (49.6%). The median age of residents is 23.2 years. The population of the greater Ann Arbor, MI area is 353,808. The population density (people per square mile) is 5,638. This zip code has a combined total of 17,987 houses and condos. There are 10,336 rented appartments. 62% of residents rent versus the 62% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $99,334 and the average salary is $77,114. The median household income of individuals is $47,854.00 and the average is $119,760.00. This zip code has a mean commute time to work of 18.9 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 52.00% (Under $50,000), 23.60% ($50,000-$100,000), and 24.40% earn over $100,000. 32.2% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 98.3. The educational breakdown is 100.7% have a high school education or higher, 83.2% have a bachelor's degree or higher, and 50.1% have some kind of profesional degree.
This area has 15,561 households and the average size is 2.4 people. Individuals who are single and have never been married are 70.2%, 24.0% are now married, 0.2% are separated, 1.5% are widowed, and 4.2% are divorced. The average yearly contribution amount given by people to charity was $8,177 versus the state average of $4,225. The percent of residents who gave to charity was 34.1%.
The estimated median value of houses and condos is $414,655. The median monthly owner costs of mortgage holders was $2,172, where as the costs for those who don't have a mortgage are $883. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.7% which equated to an average real estate tax amount payment of $6,881. In comparision, the average real estate tax percent rate in the state is 1.4% which equated to an average real estate tax amount payment in the state of $2,455. The median housing property tax percent for residents with mortgages was 1.7% which amounted to an average tax amount of $7,090. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $6,549. Reported taxable interest for persons was $1,998, dividends $10,390, capital gains +$21,344, and itemized deductions $34,481. The average earned income tax credit is $976. The percent of individuals that use a tax preparer is 43.5%. The total average income taxes paid by individuals was $15,991. Businesses reported an average profit of $21,180.
The Chop House
322 S Main St, Ann Arbor, MI 48104
Gandy Dancer
401 Depot St, Ann Arbor, MI 48104
Black Pearl Ann Arbor
302 S Main St, Ann Arbor, MI 48104
Gratzi
326 S Main St, Ann Arbor, MI 48104
Paesano's Restaurant
3411 Washtenaw Ave, Ann Arbor, MI 48104
La Dolce Vita
322 S Main St, Ann Arbor, MI 48104
Satchel's BBQ
3035 Washtenaw Ave, Ann Arbor, MI 48104
Vinology
110 S Main St, Ann Arbor, MI 48104
Afternoon Delight
251 E Liberty St, Ann Arbor, MI 48104
The West End Grill
120 W Liberty St, Ann Arbor, MI 48104
Tios Restaurant
401 E Liberty St, Ann Arbor, MI 48104
Noodles & Company
320 S State St, Ann Arbor, MI 48104
Noodles & Company
3601 Washtenaw Ave, Ann Arbor, MI 48104
Buffalo Wild Wings
205 S State St, Ann Arbor, MI 48104
Cafe Zola
112 W Washington St, Ann Arbor, MI 48104
The Broken Egg
221 N Main St, Ann Arbor, MI 48104
Ray's Red Hots
629 E University Ave, Ann Arbor, MI 48104